California has a great climate for living and recreation. However, it is also great for launching successful businesses. This state is associated with entrepreneurship and self-reliance. These two traits helped people establish a large number of successful companies that are worth billions of dollars. Let’s explore the top five notable businesses founded in California in the post below.
According to Statista, Apple is the most expensive company in California. Its brand value is $612 billion. It is an astonishing result achieved by a large number of skilled professionals gathered in one place. Almost all fans of Apple products know that the company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976 in a garage. These guys did their best to create the best hardware and bring the technology to a new level.
They started by creating motherboards that were sold without any other parts. The company faced a lot of obstacles but managed to tackle them. These days, they offer many gadgets, computers, home devices, software solutions, etc. Using Apple products, people can create a comprehensive ecosystem, which is the selling point. All the devices can interact with each other seamlessly, making the best user experience. Also, the company succeeded in creating top-tier hardware. The corporate headquarters, Apple Park, is located in Cupertino, California.
It is the most famous company that creates semiconductor chips for computers. Intel is widely known for CPUs that are installed on desktops. It was founded in 1968 by Robert Noyce and Gordon Moore. The company experienced steady growth all the time, manufacturing the world’s best chips. It helped it to become a niche leader with $77.8 billion net revenue in 2020.
These days, most desktops and laptops use Intel chips for processing large amounts of data. Therefore, when students use their computers to find an answer to the question, “Who can write an essay for me?” Intel CPUs keep their machines running, in most cases. The company’s headquarters is located in Santa Clara, California.
Indeed, Google is not widely known as Alphabet. However, it is a parent company that owns Google, the #1 search engine globally. It also owns companies like YouTube, Waze, Nest, Fitbit, and others. These days its market capitalization is about $1.4 trillion. It was founded in 2015 by Larry Page.
The company’s headquarters is located in Mountain View, California. It is also known as Googleplex. According to reviews, it is one of the best offices to work at. The creators did their best to create an environment that helps employees get dedicated to working. It forces them to work hard and focus on their job responsibilities only. As a result, it helps the company to gain their profits constantly.
Tesla is known for its world’s most popular electric vehicles that forced a revolution in the car-building industry. However, it’s also the fastest-growing company. Elon Musk founded it in 2003. The company started manufacturing premium electric vehicles that helped the company gather a sustainable amount of funds invested into developing their manufacturing processes and polishing the technology.
However, real success was achieved when the company started selling Tesla Model 3. It is the most successful electric car that has the lowest price but keeps the highest standards. The combination of the top-quality and low price attracted a lot of clients. It forced the fast-paced company’s growth. The Tesla headquarters is based in Palo Alto, California.
It is one of the top streaming services that offer subscribers access to many great movies and TV shows. Netflix was founded in 1997 in Scotts Valley, California. There was no Internet in that year. Therefore, the company delivered DVD tapes to email, which was quite a successful business model for a while.
However, with the fast-paced development of technology, DVD tapes were replaced by video from the Internet. Therefore, the company decided to switch to the streaming model in 2007. It was a very successful decision that has made the service the most popular streaming platform. These days, the company doesn’t only stream TV shows and films made by other companies. They also released their movies and shows that became extremely popular.